Hello all! I am new here to the community. Found MMM a little bit ago. Been reading through various threads and I really enjoyed reading the 2016 version of this thread and was very inspired by all the goals and progress that I saw. Since I am new here I realize I have a lot of poor decisions to reverse in my life. With that out of the way please post your goals for this upcoming year! Financial and non financial.

My goals1. Stick to a budget (me and my wife are bad about this but we recently had a heart to heart and sat down for the first time and created a budget for the month of December. Budgeting really does bring your closer to your spouse).2. Cut costs down as much as possible this year. We have lived a very luxurious life when in reality we were just creating a mountain of debt. 3. Pay off $5K worth of credit cards4. Pay off Private student loan ($4K)5. Find a new job. I need a job with better hours, I currently work night shift 7p-7a but I only work 3 days a week.6. Get into graduate school to move up in my career. Once out I would be making double what I am now essentially.7. This is probably my biggest goal this year and will be the most difficult. STOP EATING OUT AS MUCH. 8. Eat healthier. More particularly cut out red meat. 9. Exercise more10. Drink more water. 11. Kind of random but obtain my Concealed Carry permit

I look forward to seeing everyone's goals and the progress for this upcoming year.

1. Erase all debt (About $15k)2. Savings goal of $25k3. Make our only debt our upcoming mortgage (We inherited 2 acres, so my fiance', daughter,and I are building our own castle)4. Cut down eating out to once per week (I'm sure this is on everyones goal list!)5. Start and max out Roth IRA6. Max out 401k

1. Putting 40k into our down-payment fund, getting that up to 70k by august (our condo is scheduled to be ready by then)2. Pay off half of my student loan debt (17k)3. Start paying into a retirement account4. Get our emergency fund up to 5k after we move in5. Get pregnant in 2017 :) 6. Work less in the '17-'18 season (I'm a coach so I sign contracts on a seasonal basis)7. Finish the paper for my coaching degree by march8. Only buy second hand furniture for our condo

I think 2017 will be a great year. I hope we accomplish all our goals and are able to keep the lifestyle creep at bay. We really like our jobs, so are not really looking to FIRE in the near future, but would like to work less and travel more. We are new to the making money part (and saving), as we have been serious athletes (in a non-profitable sport) until last year.

We hope to FIRE at about 50 (in 20 years), or at least be financially independent by that time.

Hope you all reach your goals and 2017 is a great year for everyone! :)

1. Eliminate remaining consumer debt (~20k)2. Get a decent EF built up 3. Open tfsa and max contributions 4. Motivate myself to learn new things at work to do my job better5. Finish house renos and continue farm renos6. Net worth of $100,0007. Get back in better shape and healthier weight8. Donate my mom a kidney when healthy enough 9. After all that just maybe a baby lol (still deciding)

I think after years of barely moving the needle, 2017 will be the year of big financial change and huge momentum forward. That's the hope anyways : )

Edited as I've thought through these goals some more. I've enjoyed being on the 2016 version and it held me accountable, so I want to continue with it again this year. For 2017, my goals are:

Goal 1: Maintain a 60% savings rate using the definition of (pre-tax savings + matches + post-tax savings + debt repayment)/ (gross income - taxes). This year I had an average of around 45%, but I've received a raise and will get 401k matching next year, so hopefully can bump this upGoal 2: Reach 75K in net worth by EOY. I'm starting Jan with about a 16K net worth.Goal 3: Pay back at least 24K to my mother, who helped pay for grad school.Goal 4: Donate 1% of net income. As someone who has only haphazardly donated in the past, I want to determine what causes I care about and start getting in the habit of donating more regularly.

I'm in. We met 100% of our 2016 goals by mid-year and then made decent progress on our updated goals. Hoping for a similar result in 2017!

2017 Financial Goals

1. Stay out of credit card debt (and all non-mortgage debt). (Emerged in 2016...still holding out! A record for us!)2. Paid out of business (while keeping day jobs). Minimum: one person half-time Full Goal: one person full-time3. Special travel savings (to keep being able to visit family easily). Amount: ?4. Car replacement fund: goal $6000 (for when our ancient cars finally die). We are keeping our ancient cars as long as possible. This may have a limited reasonable time since they both have 300-350k miles on them.5. Increase personal savings (stretch goal: start a Vanguard FI account).

Stretch goals1. Paid out of business: two people full-time.2. Business emergency fund: $30-50k.

This year we paid off 20k in student debt and bought a prius with cash. 2017 we just want to stay afloat. We're going try living off just my husband's income of 29k while I stay home with our upcoming child. Not a lot, but we have faith. We just want to stay current on the bills and not incur any extra debt besides medical.

1. Pay off 100k in law school debt. I plan on shoveling $6,500 per month towards my loans and billing enough hours to make my bonus next year (10k to 20k post tax). There will be be between a 2k and 12k shortfall depending on the bonus so I need to find another way to make money, maybe start a small side business or cut expenses even further.

My single goal is to track my spending, completely. We tried YNAB but I didn't get anything much out of it; it was too complex due to the number of accounts, incomes, etc. All I really want to know, each month, is how much I spend. Well, that, and whether it is a Need or a Want, I guess. I don't 'care' about income. I'm thinking I'll just ignore any money used to invest. The only thing I'm not sure about is how to account for taxes. I think I will ignore those too, as they are not relevant when it comes to retirement income.

I guess I need to start a journal. Or a spreadsheet. I'm not very good at doing things every day, unfortunately.

1. Max out Roth IRA2. Set up 401(k) to front load and max out by September 20173. Sell house and invest proceeds4. Find (relatively) affordable apartment within walking distance to work.5. Get in better shape.6. Use new spare time for a side hustle 7. Save and invest additional $35,000 after tax

2016 was my first year maxing out both my 401k and IRA, despite moving back to the US after a year abroad which meant buying all sorts of luxuries like a "bicycle" and a "bed." Since I managed that, I'm aiming to be a bit more aggressive this year:

Financial goals1. Max out 401k2. Max out IRA3. Pay off remaining car loan ($9k)4. Buy my own place5. Get food alone at restaurants 1x/wk. Can exceed if it's a valued social event

Professional goals1. Bring in 100k worth of projects2. Present my work at 2 or more conferences3. Continue to build professional relationships with industry partners, and funders (Ack! Vague goal!)4. Evaluate whether working independently is a lifestyle I'd like to pursue (Somewhat vague, but a yes/no answer so I'll accept it)

My goals:Pay off at least $20,000.00 of my remaining $119,000.00 student loan debt.Reduce meals out spending by 50% by focusing on making more meals at home.Reduce clothing/entertainment/shopping spending by at least 50% by finding free ways to entertain myself and by addressing the psychological issues behind my shopping habits.

This is the first year that I'll have a full year of data to look back on. Very excited to start a new year in YNAB and be able to compare spending to track improvement. :)

I definitely succeeded in my goal of doubling my income in 2016, so onto 2017 peach fuzz goals!

1. Continue receiving the top-tier bonus at work.2. Track every penny. This is where I'm weakest - I am not good at watching/tracking my spending. I have Mint, but I never check it. I may have to resort to the old-school pen and paper method- that seems to work best for me in general.3. Figure out investments (?) I'm currently still building my emergency fund, but I would like to be ready to go once I hit my goal of 6 months living expenses.

I look forward to continuing to track my expenses in detail in 2017. After many years of doing it, I got away from it for several years prior to 2016. It will be great to be able to compare!

2017 Financial Goals:1. Continue to pare down grocery spending (10%) and restaurant/alcohol (20%).2. Cancel unnecessary life insurance policy that I've been regretting - collect ~$1200 cash value AND save $106/mo (no dependants/no debt/no need for this foolishness). 3. Continue with no new clothes/shoes/bags/jewelry (started in 2015! Yeah!). Replacement of actual WORN OUT necessities (gym shoes and the like) is all that's permitted. 4. Hand in hand with #3, slim down a bit and fit into quite a few "new" pairs of underutilized pants. The bigger sizes are getting worn out and this will prevent shopping. Win/win. 5. Get the damn TFSAs bought and maxed AND6. Research and move RRSP accounts into lower MER funds. Dreading the effort of this but it will be well worth the PITA, I am sure.

Hopefully this list will keep me accountable. Good luck with your goals, everyone!

Well after we bought our house in August, I didn't meet a lot of my 2016 goals. 2017 should hopefully be less hectic.

1. Continue my use of YNAB and finally finish building up my 1 month budget buffer2. Increase EF to $4k (on top of 1 month budget buffer)3. Invest $8k in 403b4. Payoff $6k of my wife's student loan all on CC5. Plan a nice vacation (or 2) for my wife and I with the lion's share paid for by Chase.6. Continue growing my side hustle income to $5k/yr through growth of my TeachersPayTeachers store and continued growth of my tutoring

I also wanted to save:$10,000 for camper fund$5,000 for Syrian refugee family sponsorship fund

But the rental vacancy in my city is 40% at the moment, and one of my tenants gave notice yesterday, and another one is threatening to leave, so the last two goals might be a casual fun work income goal for the later part of the year, or maybe for 2018.

But the rental vacancy in my city is 40% at the moment, and one of my tenants gave notice yesterday, and another one is threatening to leave, so the last two goals might be a casual fun work income goal for the later part of the year, or maybe for 2018.

Maybe I should move to your city! My city's rental vacancy is at .5% :(

1. Max 401K (ETA January if my bonus comes through)2. Max spouse's tIRA: Set up as monthly payments in 2016; will continue this3. Max my tIRA through regular contributions rather than doing it at the end of the year with extra cash.4. Max HSA5. Lose 20 lbs6. Pay off Solar Panels ($23K)7. Increase payments on DW's Student Loans (Currently $31K; want to get this below $25K)

This year we finally opened an investment account! We also changed the pre-tax retirement account to 40% funds (can't do any better than that). So this year is more about filling those accounts.. goals:

1. Reach 100k net worth by September 2017 (stretch goal), or else by November 20172. Continue to fill up retirement accounts to the max3. Reduce monthly grocery+household supply bills to CHF800 or less4. Create an optimized four week meal plan, ideally reducing spending to CHF600-7005. Bike to work 3 times (i.e. all times) a week instead of 2 times. Never take the car to work! 6. Change car insurance on time, check for cheaper health insurance7. At the end of 2017 check if better index funds have become available somewhere

But the rental vacancy in my city is 40% at the moment, and one of my tenants gave notice yesterday, and another one is threatening to leave, so the last two goals might be a casual fun work income goal for the later part of the year, or maybe for 2018.

Maybe I should move to your city! My city's rental vacancy is at .5% :(

Come on over! I have a place you can rent. :p It's even discounted for mustachians!

But the rental vacancy in my city is 40% at the moment, and one of my tenants gave notice yesterday, and another one is threatening to leave, so the last two goals might be a casual fun work income goal for the later part of the year, or maybe for 2018.

Maybe I should move to your city! My city's rental vacancy is at .5% :(

Come on over! I have a place you can rent. :p It's even discounted for mustachians!

If only I would've married my Canadian ex-girlfriend when I had the chance, I could just hop on up there...

Pay off $3k in CC debt. Should be done in JanuaryPay off $2.5K in assorted debts. Should be done in FebruaryPay off $7k in student loans. Should be done by MayYay! Debt freeImprove credit scoreSave $24kBe in a position to buy a house by January 2018Read all the books in my house that I haven't read yetMake progress towards the 1000lb club (deadlift+squat+bench press=1000lb)Start learning a foreign language OR an instrumentPossibly use VA benefits to go back to school

I read through this thread for a long time trying to figure out what my goals should be. I looked hard at Personal Capital and my 2016 spending to figure out where I could do better. Here is what I came up with.

1. Rent out other half of our duplex. Almost through with renovations. Should be ready to rent in a couple weeks.2. Save 25K in cash as down payment on second rental property. 3. Increase 401K contributions to $6,000 (only had 4,300 in 2016)4. Buy second rental property.5. Make additional income through writing. 6. Bring expenses under $2,500 per month (30K annual)

2017 GoalsPay off credit card debt (2k on regular card, 2.5k on 0% interest until June of 2017) - Credit cards are put away and out of our wallets until we can be better with themIncrease 401k contribution to equal any raise that I receive year endIncrease e-fund from current 2k to 5kWrite a LOT of new business at work, which will increase my pay, my 401k contributions, savings rate, etc.

1. Pay cash for wedding and honeymoon (actually I will use airlines reward credit card & pay off immediately with the saved cash, netting 2 extra round trip tickets to use for a friend's wedding).2. Rebuild emergency fund up to $5,000 as we are new homeowners.3. Pay $10,000 of remaining $54,000 of my student loans.4. Save 14% of pay in 401k between me and my employers contributions.5. Help fiance get better job.6. More charity, more details- cluttering, more exercise and better eating.

Strangely enough, our 2017 financial goals involve making less money. 1) we are looking to trade out my sideline gig for one that involves less driving, even at a lower stipend, therefore a better lifestyle balance, and 2) we are looking to reduce wife's job from 5 days / 40 hours to 4 days / 32 hours, again a better lifestyle balance. She has to stay at 32 hours to qualify for health insurance. I need to mess with our cash flow a little bit before we can pull the trigger on these.

Edited to add after finally linking all remaining accounts with Mint:10. Increase Net Worth by at least $20K

2nd Edit:11. Pay off remaining balance on cell phone installment (Pre-MMM stupid idea) Long story but boils down to Sprint not honoring their deal for a $20/month statement credit on upgraded phones. Enough calls and complaints got me a one time $400 credit equaling the remaining $20 per month for 20 months. Now I can pay off the balance early and not have to worry about losing the credit every month. Lowers my bill by over $50 per month and gives me the ability to take my current phone to Boost Mobile or Ting and get even cheaper plan if I want.

12. Open HSA if the law allows. Not currently eligible under current laws. Speculation that Trump might open up HSAs to everyone. (Fingers crossed, Good luck to President Trump. Maybe not my first choice but I wish you luck in your endeavors.)

Some of these will be stretch goals (side hustle income and spending) which will be hard for us to reach but hopefully with some hard work and creativity we will be able to check all of these off by EOY. Good luck everybody!2017 Goals:-Max both 401Ks ($36K).-Rollover Hubs' tIRA into his 401K (if his company allows).-Max my rIRA and open rIRA for Hubs and max it ($11K).-Max my HSA and Hubs' HSA.-Spend <$40K for the year. -Open a taxable investment account with Vangaurd and contribute $15K.-Make $400/month in side hustle income.-Pay for Hubs' Lasik/PRK surgery out of HSA (~$3.5K).-Finally get our asses over to Madrid (pay for flights w/ travel hacking points).

1. I'd like to start a solo 401k. My job doesn't have one and I do a lot of 1099 work. 2. I'd like to pay down my 403b loan to less than 20k. currently 36,0003. I'd like to save 10k for a new roof. currently i'm ok but I don't know when it may leak.4. I'd like to increase my investment taxable account to 20 k currently 6 k.5. I'd like to contribute to my Roth IRA up to max. 6. I'd like to get central heat in my home currently we have space heater. 7. I'd like to lose at least 13 pounds and I'd be extremely happy if I got down a full 21!8. I'd like to teach my kid her letters and numbers. 9. I'd like to spend less this year than last year. I was able to do this in 2016 despite extensive house remodeling. 10. I'd like to give at least 4k

- I'm working my tail off for a promotion and a raise that seems all but guaranteed at this point. Should kick in during the spring. Expecting about a 5-7% raise.

- For the first time in my young life, my place is fully furnished, and I have no wardrobe "needs". I could very easily finish they year with virtually zero clothing expenses, and literally no home goods expenses.

- I've slowly begun to kick my fast food habit.

Why this should be tough:

- I'm going on three trips this year, all of which I'll be spending anywhere from $1,000 to $2,500.

- My friends and family are not Mustachians. This makes it extraordinarily awkward to skimp on consumerism, like giving birthday or Christmas presents less than $50.